Egypt's foreign reserves to rise to 44.501 billion dollars

Central Bank announces the rise of foreign reserves to Egypt to 44.501 billion US dollars The Central Bank announces the rise of foreign reserves to Egypt to 44.501 billion dollars, the Central Bank announces the rise of foreign reserves to Egypt to 44.501 billion dollars We publish to you our visitors Our website Saqr News and start with the main news, the Central Bank announces the rise of Egypt's foreign reserves to 44.501 billion dollars.

Saqr News 5 November 10:19 am

The Central Bank of Egypt (CBE) announced Monday that foreign exchange reserves rose to 44.501 billion dollars at the end of October 2018 compared to 44.459 billion dollars at the end of September 2018, an increase of about 42 million dollars.

Egypt imports an average of $ 5 billion a month in goods and products from abroad, with an annual total of more than $ 55 billion. Thus, the current average foreign exchange reserve covers about 8 months of Egypt's commodity imports, which is higher than the global average of about 3 months Of Egypt's commodity imports, thus ensuring Egypt's basic and strategic needs.

Urgent2018-11-05

The Central Bank of Egypt (CBE) announced Monday that foreign exchange reserves rose to 44.501 billion dollars at the end of October 2018 compared to 44.459 billion dollars at the end of September 2018, an increase of about 42 million dollars.

Egypt imports an average of $ 5 billion a month in goods and products from abroad, with an annual total of more than $ 55 billion. Thus, the current average foreign exchange reserve covers about 8 months of Egypt's commodity imports, which is higher than the global average of about 3 months Of Egypt's commodity imports, thus ensuring Egypt's basic and strategic needs.

Thank you for following us and we promise you always to provide everything that is best .. and the transfer of news from all sources of news and facilitate reading to you. Do not forget the work of IK for our page on Facebook and follow the latest news on Twitter. Greetings from the family of Saqr News.
Saqr News, Central Bank announces the rise of foreign reserves to Egypt to 44.501 billion dollars, Follow us on the social networking sites of our site to receive new news permanently.